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(PPL) Prakash Pipes complete technical analysis [charts+indicators] | Buy/Sell Prakash Pipes | (PPL) share price targets

Complete technical analysis of Prakash Pipes (PPL) by charts plus indicators, forecast predictions and share price targets for Prakash Pipes (PPL)

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Prakash Pipes is 104497

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	416.95	426.05	431.50	410.00	0.91 times
27 Tue Feb 2024	425.75	430.00	435.00	424.40	0.66 times
26 Mon Feb 2024	429.65	434.00	437.40	424.20	0.697 times
23 Fri Feb 2024	433.95	442.70	444.00	425.35	1.185 times
22 Thu Feb 2024	439.30	430.10	441.05	415.00	1.216 times
21 Wed Feb 2024	426.30	438.00	442.95	423.30	0.78 times
20 Tue Feb 2024	439.10	447.00	447.20	436.50	0.713 times
19 Mon Feb 2024	442.80	465.00	467.00	441.25	0.926 times
16 Fri Feb 2024	455.35	442.00	461.05	436.50	1.159 times
15 Thu Feb 2024	441.75	439.20	446.30	438.15	0.576 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 426.2, but if it comes above 426.2, then a intra day buy could be more profitable.
If you take a sell trade below 426.2, then use 426.2 as stoploss and 409.6 as target. However if you take a buy trade in stock , then use 426.2 as stoploss and 439.98 as target.

Share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Target	248.10
Downside Target	330.00
Downside Target	388.05
Upside Target	429.00
Upside Target	445.60
Upside Target	461.05
Upside Target	467.00
Upside Target	470.75
Upside Target	474.40
Upside Target	487.55
Upside Target	493.00

Intraday share price targets for Prakash Pipes (PPL)

Target Type	Value
Downside Intraday Target	405.5
Downside Intraday Target	394.05
Upside Intraday Target	432.9
Upside Intraday Target	448.85
Upside Intraday Target	421.45

Weekly technical analysis of Prakash Pipes (PPL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	416.95	434.00	437.40	410.00	0.47 times
23 Fri Feb 2024	433.95	465.00	467.00	415.00	0.671 times
16 Fri Feb 2024	455.35	433.00	461.05	397.35	1.29 times
09 Fri Feb 2024	435.00	470.00	470.75	402.00	0.593 times
02 Fri Feb 2024	466.10	470.00	487.55	438.10	1.998 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Prakash Pipes (PPL)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	416.95	445.35	487.55	397.35	0.53 times
31 Wed Jan 2024	443.25	410.00	493.00	388.05	1.348 times
29 Fri Dec 2023	397.15	408.50	474.40	390.00	0.795 times
30 Thu Nov 2023	403.50	338.75	429.00	330.00	0.304 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Prakash Pipes (PPL)

Price action analysis of Prakash Pipes ( (PPL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Prakash Pipes ( (PPL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Prakash Pipes ( (PPL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Prakash Pipes ( (PPL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Prakash Pipes stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Prakash Pipes in short term and the sell signal is strong.

Prakash Pipes Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Prakash Pipes in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Prakash Pipes is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 435.97 and Prakash Pipes (PPL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Prakash Pipes (PPL) stock. Volume based technical analysis of Prakash Pipes (PPL) stock is negative.

Prakash Pipes Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.